Power Struggle Ends: Volkswagen to Acquire Porsche
- Erstes Datum
- 18.07.2009 13:53
- Letzte Meldung
- 18.07.2009 13:53
- Erfasst am
- 11.10.2026 16:12
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Volkswagen is planning to purchase all of sports carmaker Porsche, which has run into massive financial problems linked to its overly ambitious plan to take control of VW. The attempted takeover, which had been financed using loans, ultimately failed because of the credit crunch and ensuing liquidity problems that almost saw Porsche go bankrupt.
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